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Business Description Profitable Sizzler Restaurant in great location
 SIC Code  Organizational Form S corp
 General Location L.A County
 Selling Price269,000 Down Payment 269,000
 Annual Revenues820,000 Discretionary Earnings 110,000

 Seasonal?    Can Relocate?    Home Based?     Absentee Owner? Franchise? 

 Days and Hours
 of Operation
Sun-Thur 11am -9pm
Fri-Sat 11am -9:30
 Year Established 1986
 Years Owned 2 yrs
 Full-Time Employees              5 Part Time         20 Managers  1,
 Other Payroll Information 
 Hours Owner Works 0
 Owner's Duties 
 Skills Required 
 Training & Costapprox $ 5000/-
 Non Compete    3 miles, 3 years

Executive Summary,

This Sizzler restaurant is positioned inside of a heavily trafficked shopping center and is easily visible from the busy main street.  This iconic family friendly franchise is within walking distance of a dense residential neighborhood and busy commercial area and so receives an enormous amount of vehicle and foot traffic. This profitable Sizzler restaurant reflects the pride of its owner. The owner spent a great deal of time and effort to ensure this restaurant is clean, attractive, and fully up to the Franchiser’s requirements.The restaurant has been remodeled in 2008.The facility is in outstanding condition, and leasehold improvements including furniture, fixtures, and equipment, valued at approximately $200,000 are INCLUDED in the sale price.The business is currently employee operated .
 
                          For over 50 years Sizzler has been serving great American meals, grilled to taste.Mid-scale, casual dining restaurant emphasizing value, comfort and convenience. Sizzler introduced the "fast casual" service style more than 40 years ago. Sizzler has approx 277 Worldwide locations.
 
                         This profitable nationally recognized restaurant is an opportunity not to be missed!Confidential business information provided to qualified buyers.Buyer should have  minimum net worth of $1 million with $300,000 in liquid assets.  New owner must be qualified by franchiser.

 

 

 

Lease / Building Information

 Monthly Lease/Rent  7,900 incl NNN Deposit 
 Expires2024 Building TypeIn line
 Terms & Options 
 Square Footage / Dim. 6000 Seating 186
 Other 

Assets       (Y=Included / N=Not Included / A=Available)

 Accounts Receivable 

 

 Licenses Y

 

Beer/Wine
 Inventory 

 

 Type of License 

 

 L/H Improvements Y

 

100,000
 Other Assets 

 

 Furniture / Equipment Y

 

100,000
   
 Real Estate  

 

 Total Assets

$200,000 

Information contained herein has been provided by the seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary.